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IOCs

Troldesh is ransomware — a malware that demands a payment in order to unlock encrypted files. It is also can search and steal information from the banking programs if such are found on the infected machine.

Ransomware
Type
Unknown
Origin
1 January, 2014
First seen
28 August, 2026
Last seen
Also known as
Encoder.858

How to analyze Troldesh with ANY.RUN

Type
Unknown
Origin
1 January, 2014
First seen
28 August, 2026
Last seen

IOCs

IP addresses
74.179.77.204
52.110.17.19
128.24.231.64
184.86.251.16
20.190.159.131
184.31.95.119
23.52.181.141
48.209.6.48
2.16.241.9
52.110.17.49
2.18.244.209
171.25.193.9
88.221.169.152
135.233.95.135
20.184.175.18
2.17.214.75
48.209.138.189
131.253.33.203
52.111.231.13
23.11.41.157
Hashes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9de8bbc534a15eea10761860451d25efa3bd5ca59cfc8379d5a389a6a249c7b3
74361ae1919d315016f4776cf38127c9d20cf3c162c3ab4bf549c457301640a3
Domains
self.events.data.microsoft.com
roaming.svc.cloud.microsoft
settings-win.data.microsoft.com
www.microsoft.com
slscr.update.microsoft.com
messaging.lifecycle.office.com
oneocsp.microsoft.com
ocsp.digicert.com
ecs.office.com
google.com
login.live.com
www.bing.com
activation-v2.sls.microsoft.com
go.microsoft.com
crl.microsoft.com
fs.microsoft.com
omex.cdn.office.net
officeclient.microsoft.com
messaging.engagement.office.com
fe3cr.delivery.mp.microsoft.com
URLs
https://settings-win.data.microsoft.com/settings/v3.0/wsd/waasassessment?os=windows&osver=10.0.19041.1.amd64fre.vb_release.191206-&ring=retail&sku=48&deviceclass=windows.desktop&locale=en-us&deviceid=bad99146-31d3-4ec6-a1a4-be76f32ba5d4&flightring=retail&telemetrylevel=1&hidovergattreg=c%3a%5cwindows%5csystem32%5cdriverstore%5cfilerepository%5chidbthle.inf_amd64_9610b4821fdf82a5%5cmicrosoft.bluetooth.profiles.hidovergatt.dll&appver=10.0&processoridentifier=amd64%20family%2023%20model%201%20stepping%202&oemmodel=dell&updateoffereddays=4294967295&processormanufacturer=authenticamd&installdate=1661339444&oemmodelbaseboard=&branchreadinesslevel=cb&oemsubmodel=j5cr&isclouddomainjoined=0&deferfeatureupdateperiodindays=30&isdeviceretaildemo=0&flightingbranchname=&osuilocale=en-us&devicefamily=windows.desktop&wuclientver=10.0.19041.3996&uninstallactive=1&isflightingenabled=0&osskuid=48&processorclockspeed=3094&totalphysicalram=6144&securebootcapable=0&app=waasassessment&processorcores=6&currentbranch=vb_release&installlanguage=en-us&deferqualityupdateperiodindays=0&servicingbranch=cb&oemname_uncleaned=dell&tpmversion=0&primarydisktotalcapacity=262144&installationtype=client&attrdataver=186&processormodel=amd%20ryzen%205%203500%206-core%20processor&isedgewithchromiuminstalled=1&osversion=10.0.19045.4046&ismdmenrolled=0&activationchannel=retail&honorwufbdeferrals=0&firmwareversion=a.40&trendinstalledkey=1&osarchitecture=amd64&defaultuserregion=244&updatemanagementgroup=2
http://crl.microsoft.com/pki/crl/products/microoceraut2011_2011_03_22.crl
http://www.microsoft.com/pkiops/crl/micsecserca2011_2011-10-18.crl
https://go.microsoft.com/fwlink/?linkid=2257403&clcid=0x409
https://settings-win.data.microsoft.com/settings/v3.0/onesettings/client?osversionfull=10.0.19045.4046.amd64fre.vb_release.191206-1406&localdeviceid=s%3abad99146-31d3-4ec6-a1a4-be76f32ba5d4&flightring=retail&attrdataver=186&osuilocale=en-us&osskuid=48&app=wosc&appver=&isflightingenabled=0&telemetrylevel=1&devicefamily=windows.desktop
http://ocsp.digicert.com/mfewtzbnmeswstajbgurdgmcgguabbq50otx%2fh0ztl%2bz8sipi7wewvxdlqqutijuibiv5unu5g%2f6%2brks7qyxjzkceaz1vqyrvgl0erhqlcpm8gy%3d
https://login.live.com/rst2.srf
https://login.live.com/ppsecure/deviceaddcredential.srf
https://settings-win.data.microsoft.com/settings/v3.0/flightsettings/fsservice?processorclockspeed=3094&isretailos=1&oemmanufacturername=dell&flightingpolicyvalue=3&enablepreviewbuilds=4294967295&osversionfull=10.0.19045.4046.amd64fre.vb_release.191206-1406&managepreviewbuilds=3&branchreadinesslevelsource=0&attrdataver=186&processorcores=6&branchreadinesslevelraw=16&totalphysicalram=6144&tpmversion=0&oemmodelnumber=dell&systemvolumetotalcapacity=260281&deviceid=s%3abad99146-31d3-4ec6-a1a4-be76f32ba5d4&app=fss&appver=10.0&smartactivehoursstate=1&activehoursstart=20&securebootcapable=0&activehoursend=13&devicefamily=windows.desktop
https://settings-win.data.microsoft.com/settings/v3.0/wsd/muse?processorclockspeed=3094&flightids=&updateoffereddays=4294967295&branchreadinesslevel=cb&oemmanufacturername=dell&isclouddomainjoined=0&processoridentifier=amd64%20family%2023%20model%201%20stepping%202&sku=48&activationchannel=retail&attrdataver=186&ismdmenrolled=0&processorcores=6&processormodel=amd%20ryzen%205%203500%206-core%20processor&totalphysicalram=6144&primarydisktype=4294967295&flightingbranchname=&chassistypeid=1&oemmodelnumber=dell&systemvolumetotalcapacity=260281&sampleid=95271487&deviceclass=windows.desktop&app=muse&disabledualscan=0&appver=10.0&oemsubmodel=j5cr&locale=en-us&isalwaysonalwaysconnectedcapable=0&ms=0&defaultuserregion=244&updateserviceurl=http%3a%2f%2fneverupdatewindows10.com&osver=10.0.19045.4046.amd64fre.vb_release.191206-1406&os=windows&deviceid=s%3abad99146-31d3-4ec6-a1a4-be76f32ba5d4&deferqualityupdateperiodindays=0&ring=retail&deferfeatureupdateperiodindays=30
https://officeclient.microsoft.com/config16/?lcid=1033&syslcid=1033&uilcid=1033&build=16.0.16026&crev=3
http://ocsp.digicert.com/mfewtzbnmeswstajbgurdgmcgguabbq50otx%2fh0ztl%2bz8sipi7wewvxdlqqutijuibiv5unu5g%2f6%2brks7qyxjzkceasmayxgarewr3pgr9svwmg%3d
http://oneocsp.microsoft.com/ocsp/mfqwujbqme4wtdajbgurdgmcgguabbr0tbevyklx7a9ylold9hqmcwdxfgqu3pggslehmvkx8utfb6ncihnaqhycezmaaaale%2bvmfuqbvyaaaaaaaas%3d
https://ecs.office.com/config/v2/office/word/16.0.16026.20146/production/cc?&clientid=%7bd61ab268-c26a-439d-bb15-2a0dedfca6a3%7d&application=word&platform=win32&version=16.0.16026.20146&msoversion=16.0.16026.20002&sdx=fa000000002.2.0.1907.31003&sdx=fa000000005.1.0.1909.30011&sdx=fa000000006.1.0.1909.13002&sdx=fa000000008.1.0.1908.16006&sdx=fa000000009.1.0.1908.6002&sdx=fa000000016.1.0.1810.13001&sdx=fa000000029.1.0.1906.25001&sdx=fa000000033.1.0.1908.24001&sdx=wa104381125.1.0.1810.9001&processname=winword.exe&audience=production&build=ship&architecture=x64&language=en-us&subscriptionlicense=false&perpetuallicense=2019&licensecategory=6&licensesku=professional2019retail&osversion=10.0&osbuild=19045&channel=cc&installtype=c2r&sessionid=%7b4e4cdf3e-9d7b-4ac0-9a7a-53467fd2ad6e%7d&labmachine=false
https://omex.cdn.office.net/addinclassifier/officesharedentities
https://fs.microsoft.com/fs/4.42/flatfontassets.pkg
https://settings-win.data.microsoft.com/settings/v3.0/waas/featuremanagement?isclouddomainjoined=0&processoridentifier=amd64%20family%2023%20model%201%20stepping%202&currentbranch=vb_release&accountfirstchar=&activationchannel=retail&oemmodel=dell&flightring=retail&attrdataver=186&installlanguage=en-us&osuilocale=en-us&webexperience=1&flightingbranchname=&chassistypeid=1&osskuid=48&app=cdm&installdate=1661339444&appver=&osarchitecture=amd64&defaultuserregion=244&telemetrylevel=1&osversion=10.0.19045.4046&devicefamily=windows.desktop
https://roaming.svc.cloud.microsoft/rs/roamingsoapservice.svc
https://messaging.engagement.office.com/campaignmetadataaggregator?app=0&platform=10&ofc_channel=cc&ofc_audience=production&ofc_flights=ofsh6c2b1tla1a31%3bofcrui4yvdulbf31%3bofhpex3jznepoo31%3bofjhlwlmoc1pz531&ver=16.0.16026.20002&hwid=04111-083-043729aed3&osversion=10.0.19045&country=us&locale=en-us&ofc_licensecategory=6&ofc_licensesku=professional2019retail&contenttype=campaigncontent
https://messaging.lifecycle.office.com/getcustommessage16?app=0&ui=en-us&src=bizbar&messagetype=bizbar&hwid=04111-083-043729&ver=16.0.16026&lc=en-us&platform=10%3a0%3a19045%3a2%3a0%3a0%3a256%3a1%3a&productid=%7b1717c1e0-47d3-4899-a6d3-1022db7415e0%7d%3a00411-10830-43729-aa720%3aoffice%2019%2c%20office19professional2019r_retail%20edition&clientsessionid=%7b4e4cdf3e-9d7b-4ac0-9a7a-53467fd2ad6e%7d&datapropertybag=%7b%22audience%22%3a%22production%22%2c%22audiencegroup%22%3a%22production%22%2c%22audiencechannel%22%3a%22cc%22%2c%22flight%22%3a%22ofsh6c2b1tla1a31%2cofcrui4yvdulbf31%2cofhpex3jznepoo31%2cofjhlwlmoc1pz531%22%7d
Last Seen at
Last Seen at

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What is Troldesh ransomware?

Troldesh, also known as Encoder.858, is ransomware belonging to the Shade ransomware family. It was created in 2014. The malware encrypts files on the victim's machine and demands a ransom for the data to be restored.

Attempting to get as much information as possible, the malware also scans the target PC for banking files or banking programs to squeeze every last penny.

General description of Troldesh

Attacking Windows users mainly in Russia, Ukraine, and Germany, Troldesh is one of Russia's most commonly used encryption software.

In addition to this behavior, Troldesh ransomware often comes in conjunction with two particular malware samples, namely Mexar, and Teamspy, which allows attackers to control the victim's PC remotely and gives the virus the ability to install other malware, including trojans on the infecting PC.

In fact, unlike most other ransomware Nemty or others, this virus does not stop executing after encrypting the victim's files. Instead, it starts an infinite loop where it requests URLs of other malicious programs from the command server, downloading and installing them on a contaminated machine. This strategy means that most victims contaminated with Troldesh may end up with a whole host of infections on their PC. And even with removal tools and decryptors, it can be challenging to get rid of this issue.

Even though the malware itself has not evolved a lot throughout its lifespan, attackers' method to demand the ransom has changed. The first malware samples were used to provide an email address at which the victim could contact the hackers and negotiate the payment. In newer campaigns, ransom node demands victims to use the Tor browser to navigate to a payment page that is located on the Dark Web.

Trodlesh, as part of the Shade family, shares several familiarities with related malware: they are written in C++, utilize CTL, use a static link with a Tor client. Every particular malware sample also has a hardcoded URL of the command server. Malicious programs of this family are also known to exhibit similar or identical behavior. As such, they create ten identical ransom notes in two languages – Russian and English and name them README1.txt or README10.txt.

Troldesh malware analysis

A video simulation recorded on ANY.RUN allows us to examine the lifecycle of the Troldesh malware in a lot of detail.

process graph of a troldesh ransomware execution Figure 1: Process graph generated by ANY.RUN helps us visualize the life cycle of the virus

Troldesh execution process

Troldesh ransomware is spread in the form of a script file, either Javascript or JScript. Usually, these files are packed in an archive file that is sometimes protected with a password. In the simulation performed on ANY.RUN, after a script file was unpacked and launched, it installed an executable file from the internet. It should be noted that in the case of Troldesh, executable files typically have "not suspicious" extensions along with the likes of .jpg. After being downloaded, the files are renamed and executed.

As shown in the ANY.RUN simulation, after running, the file immediately began performing the malicious activity, namely: encrypting files, stealing personal data, deleting shadow copies, and changing autorun values in the registry. Files encrypted by the latest versions of Troldesh are known to have a .crypted000007 extension which was also the case in our simulation. Lastly, after encryption was completed, the malicious executable file dropped ransomware instructions on the desktop.

process tree of a troldesh ransomware execution Figure 2: Process tree of a Troldesh ransomware execution

How to avoid infection by Troldesh?

Since Troldesh is commonly distributed using malspam campaigns that mimic real company newsletters, a good way of staying safe is thoroughly checking for the authenticity of emails before downloading any attachments. If necessary, one can get in touch with a company that is the presumable author of the newsletter and verify that they have sent the email.

Once infected, Troldesh installs several secondary malware samples on the victim's PC, thus after Troldesh removal – malware deletes itself from the PC, it is vital to conduct a global system scan and make sure that one's machine is not swarming with other viruses as well.

Distribution of Troldesh

Troldesh ransomware is known to utilize two main attack vectors – email spam and exploit kits. Malspam campaigns usually mimic legitimate information newsletters from actual Russian companies, including banks and large supermarket chains. The emails themselves contain an archive file in which another script file is included.

Upon unpacking the archive and clicking on the file, a malicious loader is installed. It in turn downloads and installs the main payload – Troldesh itself. The loader is known to be stored on legitimate but compromised WordPress websites where it is hidden as an image file.

Troldesh is also known to utilize Axpergle and Nuclear exploit kits, and these attacks are, arguably, more dangerous than email spam as they don't require active actions from the user for the contamination process to begin. Instead, upon visiting a compromised URL, which can be a website hosted by the attackers or a legitimate website that has been hacked, the malware utilizes a vulnerability either in the browser itself or in one of the browser plugins, successfully penetrating into the users PC and starting the execution automatically. Thus, victims can get infected without ever realizing the danger, so get a removal program and a decryptor.

Communication with C&C

Address information of C&C servers is embedded in the body of each malware sample. Servers themselves are hosted on the dark web and communication is established with the use of a Tor client.

Once installed on a victim's PC, the malware requests a public key value from the server to encrypt the victim's files. Should the connection attempt fail, the virus uses one of one hundred private key values stored in its memory.

How to detect Troldesh using ANY.RUN?

Since Troldesh ransomware writes into the registry analysts can detect it by looking at registry keys. Choose the process by clicking on it in the process tree of the task then click on the "More info" button. In the "Advanced details of process" window switch to the "Registry changes" tab and take a closer look. If the analyzed sample writes a value "906D0F2E2F604F839E04" with the name "xi" into the key HKLM\SOFTWARE\System32\Configuration it's Troldesh.

Registry changes created by Troldesh Figure 3: Registry changes created by Troldesh

Conclusion

Troldesh is an extremely dangerous ransomware that is able to contaminate victims who simply end up browsing to the wrong place at the wrong time, ending up on a website hacked by the attackers. Unlike much other ransomware that simply demands money in exchange for user's encrypted data, Troldesh doesn't stop there and goes the extra mile to spread other dangerous malware samples on a victim's PC.

Utilizing analysis services like ANY.RUN is a great way to examine the virus from a safe environment and develop a sufficient defense strategy.

P.S.

On the 27th of April, 2020 authors behind Troldesh ransomware announced that they stopped distribution of the ransomware and publish the decryption keys with a decryptor and instructions. They said that apologize to all the victims of the trojan and hope that the keys they published will help them to recover their data. The same scenario had a couple of other ransomware writers, even the infamous Maze.

You can take a look at the task in which their keys and tool were used to decrypt data.

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